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What was wildhorse net income for the year

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Problem 1: Wildhorse Co. began the year with retained earnings of $117000. During 2022, the company issued $76500 of common stock for cash. The company recorded revenues of $775000, expenses of $656000, and paid dividends of $43000. What was Wildhorse's net income for the year 2022?

a. $195500
b. $119000
c. $76000
d. $152500

Reference no: EM132647714

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